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NEWS

Equites' Logistics Focus Proves Its Mettle

10th May 2018
Contributor: Equites Property Fund Limited

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion. Equites remains the only specialist logistics property fund listed on the JSE, focusing on the top-end of the logistics property market in key logistics nodes which generate sustainable returns. The track-record of strong distribution and net asset value growth has catapulted the company to top performing Real Estate Investment Trust, when measured by its annualised total return of 26.1% per year over the past three years, significantly more than the sector.

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